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Comment: Re: Well, well, well. (Score 1) 301 301

Look up the history of free banking. When banks (or any business for that matter) are permitted to fail they tend to act more responsibly. Of course it is in the politicians interest to have a central bank so they don't have to limit spending to what they can tax and borrow voluntarily at market rates.

Comment: Loads of money to be made by whoever solves this (Score 2) 184 184

There has to be some way to figure this problem out. It should be especially easy with restaurants since they all use software to track orders. Maybe something like a new Diners Club Card where the Restaurant/Server and Customer can rate each other based on real data. For instance if the customer complains about waiting too long the data should show when they were seated and ticket was opened and when the food was served. If the customer complains about the soup but didn't order it the customer's other reviews be suspect. If the customer claims the server was rude but that server otherwise gets great reviews then they should be suspect. If the restaurant owners could get that kind of feedback on which dishes/servers were liked or disliked it would help them as well. And if you present the card when you show up and you have a good reputation as a diner you could get higher ranked servers.

Comment: Re: Well, well, well. (Score 1) 301 301

If the latter, government spending is essential because the market is way too shortsighted and prefers to take risks on balance sheets.

Because politicians are known for their long term thinking? All of the problems you state have to do with governments and central banking and have zero to do with free markets.

Comment: Re:Really? (Score 1) 937 937

Not quite. Inflation is simply an increase in the money supply. But the new money doesn't get handed out evenly. That's the point. When you bail out the banks they get to spend or invest with it which causes bubbles in those markets. You would only have general rising prices if the money was handed out to everyone.

Comment: Re:We've only got ourselves to blame (Score 1) 380 380

This is really a result of the crappy econonmy due to the wars and banker bailouts. In the 90's when I started working this crap didn't fly because I had a couple of standing offers in my pocket. I did eventually switch jobs due to a new boss that would play games. He seemed surprised when I gave my 2 weeks notice and immediatly said he could counter-offer. I said no thanks because all that would do is cause them to keep you on long enough to look for a replacement.

Mirrors should reflect a little before throwing back images. -- Jean Cocteau